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Not really, it's a common misconception that sadly even many of the more enlightened folk on HPC seem to fall for, yes there are some utter hell holes where you can still pick up a shell of a terrace for maybe £40k (that needs at least £20k spending on it)... but for the most part you'll need to spend £120k for a half decent terrace in a half decent area, when the average local wage is only £15k it makes it just as unaffordable as anywhere in London and the SE.

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Not really, it's a common misconception that sadly even many of the more enlightened folk on HPC seem to fall for, yes there are some utter hell holes where you can still pick up a shell of a terrace for maybe £40k (that needs at least £20k spending on it)... but for the most part you'll need to spend £120k for a half decent terrace in a half decent area, when the average local wage is only £15k it makes it just as unaffordable as anywhere in London and the SE.

Yeah, I had a scour up north when someone said you could find a decent terrace for under £100k. I couldn't

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Its like saying people are desperate to open new ISA's before April after being told the tax advantages of doing so will cease to exist over the next few years. If anything - people [with brains] will be doing exactly the opposite.

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A seasonal lull in the rental market saw supply and demand for lettings tail off in December, said the Association of Residential Letting Agents, but its boss warned that buy-to-let landlords are 'storming the UK housing market' desperately trying to exit.

ARLA says a new three per cent stamp duty surcharge for investors – which comes into play in April – has had an immediate effect, with a quarter of agents reporting an uplift in interest from landlords looking to snap up a buy-to-let property sell to any moron that hasn't read the news lately in time to beat an increased tax bill before everything turns to s**t.

The number of available homes to rent dropped last month alongside falling demand while fewer agents reported increases to monthly rents, ARLA added. But it said that this could be the 'calm before the buy-to-let storm.' ??? didnt he just say they ARE storming the market already?

The report came as speculation mounts over what effect stamp duty reforms around buy-to-let and second properties announced in the Autumn Statement will have on house prices and rents. Landlords are facing a stamp duty tax bill which in some cases will be tripled from April.

David Cox,managing director of ARLA, said: 'Buy-to-let landlords determined to complete purchases get the f**k out before the changes come into force in April are storming the UK housing market, meaning the lull we'd usually see is less significant. According to an ARLA VI survey, 62 per cent of agents predict the changes will result in higher rents many landlords clinging on until they are forced out through insolvency while 65 per cent say it will push landlords out of the market have the desired effect and decrease the supply of homes to rent increase the number of homes available to buy and an associated correction in prices.

Mr Cox said: 'With supply, demand and the number of agents reporting rent increases all declining in December, this could well be the calm before the buy-to-let storm.' a sign that rents are already maxed out to what the market will bear. This period of easing in rents immorally high rents could soon end, claimed Mr Cox with new rules cutting the number of properties available to let hopefully seeing Buy Toileters falling over each other in a dash for exits.

He added: 'But subsequently, after April, we're very likely to see the number of buy-to-let properties on the market begin to decrease, and this will most certainly have a detrimental effect on renters across the country.' be to the great satisfaction of those jealous types over at HPC forums.

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Complete and utter BS. How do I know this? Because I work for the largest (in terms of money lent) BTL lender in the UK as a sales rep and can categorically state there is no real difference in applications from 2015! The DM is just trying to stir the pot to turn you all into landlord haters, which unfortunately for most of you listen too and don't form you own opinion based on factual mortgage publications. I recommend you read mortgage strategy.